Verisk Analytics Posts $779M Q4 Revenue, Guides $3.19–3.24B and Launches $1.5B Buyback
Verisk Analytics reported Q4 GAAP revenue of $779M, up 5.9%, with net income $197M (-6.2%) and OCC revenue growth 5.2%. The company forecast 2026 revenue of $3.19–3.24B, adjusted EBITDA $1.79–1.83B and EPS $7.45–7.75, unveiled a $1.5B accelerated share repurchase and raised its dividend 11%.
1. Fourth-Quarter Results
Verisk reported GAAP revenue of $779 million in Q4, up 5.9% year-over-year, with OCC revenue growth of 5.2%, driven by underwriting (+7.2%) and claims (+0.5%). Net income was $197 million, down 6.2%, and GAAP EPS fell 1% to $1.42, reflecting non-operating costs including early debt extinguishment and investment settlement.
2. Full-Year Performance and Cash Flow
For full-year 2025, Verisk delivered 6.6% OCC revenue growth and 8.5% OCC adjusted EBITDA growth, achieving a 56.2% adjusted EBITDA margin. Free cash flow rose 30% to $1.19 billion, supporting a $1.5 billion accelerated share repurchase, increased buyback authorization to $2.5 billion, and an 11% dividend rise to $2.00 per share.
3. 2026 Outlook
The company provided 2026 guidance of $3.19–3.24 billion revenue, $1.79–1.83 billion adjusted EBITDA and $7.45–7.75 adjusted EPS, noting Q1 will be a trough due to divestiture of Marketing Solutions and tougher year-over-year comparisons. Management highlighted continued subscription-led growth and adoption of AI-enabled claims products.
4. Portfolio Actions and Capital Structure
Verisk terminated its planned AccuLynx acquisition following an extended FTC review and redeemed $1.5 billion of related senior notes, bringing pro forma leverage to about 1.9x. The company also sold Verisk Marketing Solutions to focus on core data analytics and technology offerings.